Tesoro Minerals Corp. (TES) — Tangible Net Worth Ratio
Tesoro Minerals Corp. (TES) has a Tangible Net Worth Ratio of 100.0% as of April 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$617.85K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore TES shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tesoro Minerals Corp. Tangible Net Worth Ratio (2013–2024)
This chart shows how Tesoro Minerals Corp.'s Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2024. As of April 2026, the ratio stands at 100.0%, reflecting net assets of CA$617.85K with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see TES stock market capitalisation.
Annual Tangible Net Worth Ratio for Tesoro Minerals Corp. (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Tesoro Minerals Corp. from 2013 to 2024, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See financial flexibility index of Tesoro Minerals Corp. to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$217.84K | CA$0.00 | CA$273.45K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$86.81K | CA$0.00 | CA$126.26K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$43.16K | CA$0.00 | CA$67.58K | ▲ +0.0 pp |
| 2021 | 100.0% | CA$248.78K | CA$0.00 | CA$273.76K | ▲ +0.0 pp |
| 2020 | 100.0% | CA$224.32K | CA$0.00 | CA$255.27K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$156.04K | CA$0.00 | CA$232.73K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$147.84K | CA$0.00 | CA$196.54K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$254.67K | CA$0.00 | CA$372.45K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$181.65K | CA$0.00 | CA$557.51K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$573.77K | CA$0.00 | CA$838.55K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$2.36 Million | CA$0.00 | CA$3.50 Million | — |